Whales show interest in Solana as ETF discussions increase

On-chain data shows two whales withdrew $41.4 million worth of SOL from Binance and staked it, indicating confidence in the token.

While regulatory hurdles remain, the enthusiasm for Solana ETF funds has driven up the price by 10% in 1 week and 24.74% in 1 month, outperforming Bitcoin and Ethereum.